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Nord Resources says copper production increasing at Johnson Camp mine

Published: 05:34 07 Aug 2009 AEST

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Tuscon-based copper miner Nord Resources Corporation (TSX: NRD) said today production was steadily ramping up at its Johnson Camp mine in Arizona, and it believes it is on track to reach the annual copper production target in 2009.

 

Nord said the production improvements are a direct result of the modifications that have been made to material handling system to increase the throughput rates at the mine, helping it reach 80% of the target throughput rate over the past few weeks. During the last week of July copper production averaged a monthly rate of about 1.3 million pounds, almost double the rates experienced in Q2.

 

The company plans to implement further measures to lift the annual copper production rate at the 2,723 acre mine, which is the Nord’s principal asset, to 25 million pounds, which Nord believes it can achieve as soon as this year.

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